Morrison Copper/Gold/Moly (Silver) Project

1. Morrison Copper/Gold/Moly (Silver) Project Pacific Booker Minerals Inc.

2. Forward Looking Statement This presentation may include forward-looking statements respecting the strategies. By their nature, forward-looking statements are subject to numerous risks and uncertainties that can significantly affect future results. Actual future results may differ materially from those assumed or described in such statements as a result of the impact of issues, risks and uncertainties, which the Company may not be able to control. The Company disclaims any intention or obligation to update or revise these forward-looking statements.

3. Company Profile • Pacific Booker Minerals Inc. (PBM) is a publicly traded company (TSX-Venture: BKM; NYSE MKT: PBM) • PBM owns 100% of the Morrison property located in Central British Columbia, Canada • 30,000 tonnes/day open-pit mining and milling operation for the production of copper/gold concentrate and molybdenum concentrate • Completed a full Feasibility Study

4. BC Environmental Assessment Certificate Application Review completed. Application rejected by Provincial Ministers October 1, 2012 although: The Proposed Project does not have the potential for significant adverse effects, and First Nations have been consulted and accommodated appropriately. Draft Federal Comprehensive Study report also concludes that the Project does not have the potential for significant adverse effects The company is strongly committed to continue to work forwards bringing the proposed Morrison Copper/Gold Project to commercial production Company Profile

5. Project Location

6. Site Access • Paved Provincial Highways to the Village of Granisle • All-season barge across Babine Lake and a logging road network that extends to the Morrison deposit (40km) • Within 30 km of two former producing mines, Granisle and Bell

7. Granisle Mine The Granisle Mine produced 214,000 tonnes of copper, 6,833kg of gold and 69,753kg of silver from 52.7 million tonnes of ore averaging 0.47% copper

8. Bell Mine The Bell Mine produced 303,277 tonnes of copper, 12,749kg of gold and 27,813kg of silver from 77.2 million tonnes of ore averaging 0.47% Cu

9. Morrison History • The Morrison was discovered by Noranda Exploration in 1962 • Noranda drilled 95 holes totaling 13,893m from 1963 to 1973 • Noranda published two resource estimates for the Morrison • The first in 1976 was 86 million tonnes grading 0.42% copper • The second in 1992 was an inferred resource of 190 million tonnes of 0.41% copper and 0.21 g/t gold

10. Drill Program Pacific Booker Minerals Inc. commenced with a 43-101 compliant drill program in January 1998 to establish grade and continuity of copper values and gold grades. PBM drilled 177 holes totaling 31,872.83m for: • Resource Estimation • Metallurgical Test-work • Geotechnical Engineering • Geochemical • Condemnation • Water Monitoring

11. Site Arrangement

12. Resource Estimate • CuEq=Cu+Au*0.303+Mo*3.18

13. Metallurgy • Metallurgy is straightforward and good recoveries and acceptable concentrates can be achieved • Metallurgical recoveries would be very similar to former nearby Bell Mine. • Metallurgical Test-work results: • IME Inc. - 88.4% copper, 63.0% gold • PRA Ltd. - 85.7% copper, 59.7% gold • SGS Canada - 84.0% copper, 59.0% gold, 50.0% Molybdenum; 26.5% concentrate grade

14. The treatment process will be a conventional crushing, grinding and flotation system High Pressure Grinding Rolls (HPGR) will be utilized to reduce Power and Consumables costs Production of approximately 135,000 to 160,000 tonnes of concentrate per year containing copper, gold and molybdenum Processing

15. HPGR

16. Mine Plan • Development of the open pit is planned as a four-phase mining operation utilizing conventional truck and shovel equipment • Mining methods will incorporate drilling, blasting, loading and haulage • Planned production rate is 30,000 t/d ore

17. Mineable Reserve The total mineable reserve included in the measured and indicated resource, classified as proven and probable, at Net Smelter Return (NSR) cut-off-value of $CDN5.60/t, is 224.25Mt with an average grade of 0.330% Cu, 0.163g/t Au and 0.004% Mo.

18. Feasibility Study Results • The mineable reserve is 224.25 Mt; • The waste total is 184.12 Mt for a strip ratio of 0.82:1; • Recoveries are Cu 84.0%, 56.0% Au and 50.0% Mo. • Recovered metal is 1.37 billion lbs (625,000 tonnes) Cu, 658,090 oz (25 tonnes) Au and 10.05 million lbs (4,559 tonnes) Mo; • Mine life of 21 years; • Capital cost is estimated at CDN$516.68 million (including a CDN$59.92 million contingency allocation). • A projected exchange rate of C$1.00/ US$0.87; • Operating cost of CDN$8.15 per tonne milled; • Pre-Income Tax Internal Rate of Return (IRR) of 20.05%, based on metal prices of (four year trailing average as of January 12, 2009) Cu $2.75, Au $658.32 and Mo $29.23; • Net Present Value (NPV) at 8.0% discount rate is CDN$495.9M; and • Payback period on capital is 4.2 years.

19. Feasibility Study Results Note: Silver was not included in the financial analysis; however, there is an opportunity for improved economic performance if silver credits are received from the treatment and refining of the copper concentrate. Metallurgical test-work to date has reported silver present in the concentrate ranging from 65.3g/t to 100g/t.

20. Infrastructure The Project has the advantage of existing regional infrastructure in place to service the region: • Road network • Nearby electrical power 25 km from the Project site • Full service town (Granisle) within daily commuting distance from the Project site • Deep-sea shipping terminal at the Port of Stewart

21. Hagan Forest Service Road

22. Electrical Power Supply

23. Village of Granisle

24. Environmental The Environmental Assessment Certificate is required to apply for a Mining Permit for the construction, operation and maintenance, decommissioning and reclamation of the proposed 30,000 tonnes/day open-pit mine • A number of Licences and Permits accepted for Concurrent Review • Federal Comprehensive Study Report completed • Provincial and Federal Review harmonized to ensure joint steps are undertaken consistent with the Canada-British Columbia Agreement for Environmental Assessment

25. BC Environmental Assessment Certificate Application Review completed. Application rejected by Provincial Ministers October 1, 2012 although: The Proposed Project does not have the potential for significant adverse effects, and First Nations have been consulted and accommodated appropriately. Draft Federal Comprehensive Study report also concludes that the Project does not have the potential for significant adverse effects The company is strongly committed to continue to work forwards bringing the proposed Morrison Copper/Gold Project to commercial production Environmental

26. Pre- Production During the review and in anticipation of issuance of an Environmental Assessment Certificate, PBM intends to: • Finalize our contracting strategy for Pre-production; • Tender Pre-Production Contracts (EPCM or EPC) • Procurement including ordering long lead time items (i.e. HPGR, Ball Mills, etc); • Detailed Engineering and Design; and • Site Engineering Survey

27. Pre- Production Upon issuance of an Environmental Assessment Certificate and Federal authorizations, the Company may proceed with construction commencing September 2013: • Construction of new 25 km 138kV overhead power line from the existing former Bell mine site to the proposed Morrison Mine Site substation; • Clearing of timber from the tailings storage facility, plant site, waste storage dump, on-site road corridors, on-site pipeline and power line corridors; and • On-site road construction between existing Forest Service Road and proposed Plant Site • Process Plant, etc.

28. Opportunities • Reduced operating costs • Reagents, diesel, road transportation, ocean freight, maintenance supplies, treatment and refining charges • Reduced Capital Costs • Costs obtained at peak of price cycle • Lower strip ratio (ie better ore grades) • Pilot Plant Tests – improve recoveries • Revenue from Silver • LNG (financial and environmental benefit) • Revised closure plan (ie eliminate progressive closure, deferred water discharge until pit full, optimized water handling and treatment, metal recovery from water prior to discharge • Accelerated MLARD

29. Project Summary • Ore production rate of 30,000 tonnes / day • The total mineable reserve is 224.25Mt with an average grade of 0.330% Cu, 0.163g/t Au and 0.004% Mo • Recovered metal is 1.37 billion lbs (625,000 tonnes) Cu, 658,090 oz (25 tonnes) Au and 10.05 million lbs (4,559 tonnes) Mo; • Mine life is 21 years • Proposed Construction Date is 2013 • Proposed Start of Operation is 2015

30. Gold, Copper, Molybdenum, (Silver) Resource Excellent access and regional infrastructure in place Deep-sea shipping terminal, road network, nearby electrical power (25km), full service town Low operating cost Low capitalization Opportunities for improved economic performance Shares Outstanding - 12.2 Million Shares Fully Diluted - 15.0 Million No Debt Project Advantages

31. Pre-Tax Financial Model

32. Pre-Tax Financial Model

33. Pre-Tax Financial Model

34. Pre-Tax Financial Model

35. Market • Exchanges - TSX-V (BKM) NYSE MKT(PBM) • Shares Outstanding - 12.2 M • Shares Diluted - 15.0 M • Stock price - $5.50 • Market Cap - $67 M • No Debt

36. Contact Information Office: #1702-1166 Alberni Street Vancouver, B.C. V6E 3Z3 Phone: 604-681-8556 Fax: 604-687-5995 Toll Free: 1-800-747-9911 US Toll Free: 1-800-234-3680 Website: www.pacificbooker.com

37. Thank you